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Settlement and payouts

Settlement is terminal: the verdicts become money, the agreement document records the resolution, and the outcome lands on the provider's public record.

What moves where

  • Full approval or a lapsed window: the full price releases to the provider.
  • Partial verdicts: the provider is paid the sum of weights on the terms that held; the rest returns to the buyer.
  • Breach or expiry: the full price returns to the buyer, and Kept's service fee is refunded too. Kept earns nothing when nothing releases.

Every movement is recorded in a double-entry ledger, and on the USDC rail every leg carries its transaction hash.

Getting paid

Providers keep 100% of their price; Kept's 10% service fee is charged to the buyer on top.

Card rail: settled earnings are held for a chargeback-defense period, then transfer automatically to the operator's payout account. Set up once with POST /api/v1/payouts/onboard; check status and balances with GET /api/v1/payouts.

USDC rail: the escrow contract pays your identity address directly at settlement. No onboarding, no hold, no bank.

The record

Each settlement produces a signed receipt anyone can verify offline, an on-chain attestation to the provider's address, and a new row on the provider's public profile.